Cryptocurrency behind spike in illegal gambling, Asian racing body says
Illegal gambling in Asia is on the rise, facilitated in part by sites accepting bets in cryptocurrency.
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Dogecoin to list on Coinbase Pro
Dogecoin has gained an additional measure of credibility, with crypto exchange Coinbase announcing that it will add DOGE to its professional trading platform.
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Ethereum investment products hit market-share high of 27%, report says
Ethereum has hit a market-share high of 27% of all digital asset investment fund products following recent price corrections.
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What’s up with Taproot, the biggest proposed change to Bitcoin since 2017?
Bitcoin’s proposed Taproot update for smart contracts and privacy has wide verbal support from miners, but will they put their crypto where their mouth is?
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S. Korean banks process US$57B linked to crypto exchanges
South Korean banks processed over 64 trillion won (US$57 billion) of deposits and withdrawals linked to crypto exchanges in the first quarter.
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Robinhood’s Chinese rivals to launch crypto services abroad
China-based trading apps Futu and Tiger Brokers have announced plans to move into crypto to compete outside China with apps such as Robinhood and eToro.
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Financial Stability Board seeks faster, cheaper cross-border payments
The Financial Stability Board has launched a public consultation on global targets for cross-border payments.
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How blockchain technology is revolutionizing KYC in financial services
‘Know your customer’ is key to anti-money laundering efforts. Isabelle Corbett of R3 explains why blockchain is uniquely suited for KYC/AML.
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Thailand’s DeFi sector targeted for regulation over coin offerings
Thailand’s Securities regulator has announced that digital tokens issued and offered for transactions must have its approval.
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Bitcoin suffers second-biggest monthly price drop in May
Bitcoin dropped by 37.5% in May after hitting a low of US$34,195 yesterday, the second-largest drop on record after it fell 40% in September 2011.